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LTC's indifferent attitude toward the pivotal event could be explained by the fact that on both occasions, bitcoin, the leading cryptocurrency by market value and industry anchor, was nursing the after-effects of a brutal bear market. More importantly, crypto bull markets typically begin months after bitcoin's reward halvings, which occur
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"Based on one quantitative approach, Ether's fair value appears closer to $1,000 or 46% lower than current prices ($1,856). While we do not necessarily predict such a decline, there is a zero-cost way to position for this decline (zero-cost, but not zero-risk)," Thielen wrote in an email. Source
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MakerDAO’s (MKR) posted positive moves today even as the broader market saw a slight correction. While top coins painted charts red with bearish moves, MKR added over 3% in the last 24 hours, bringing its price to $1,139.92 at 9:25 am EST. This bullish momentum coming amid a bear market
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Sotheby’s is making moves. The same fine art auction house behind several recent major nonfungible token (NFT) sales has just made the Met Breuer’s old Madison Avenue building its home, and on July 26, it’s launching an on-chain Gen Art Program powered by generative art platform Art Blocks. A sale of
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Researchers from Technische Universität Dresden in Germany recently published breakthrough research showcasing a new material design for neuromorphic computing, a technology that could have revolutionary implications for both blockchain and AI.Using a technique called “reservoir computing,” the team developed a method for pattern recognition that uses a vortex of magnons
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Some bounties that have received a submission include identifying the addresses that exploited FTX during its collapse. Source
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Web3 was defined by Crunchbase as cryptocurrency and blockchain startups, which have been hit hard by the ongoing crypto winter. While VC funding has slowed overall, with Crunchbase reporting an 18% drop across all sectors in the second quarter of 2023, crypto-related funding has had a much steeper decline. Meanwhile
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The global metaverse market is projected to grow massively, reaching $322 billion by 2030, according to a report by ResearchAndMarkets. Massive growth potential According to ResearchAndMarkets’ latest report, the metaverse market was valued at around $42.05 billion during
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CertiK’s Q2 2023 Web3 Security report highlights a decline in volume lost to malicious actors in the blockchain ecosystem, significant off-chain events, and vulnerabilities in major protocols and applications. Bad actors still targeting web3 projects The recently
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin (BTC) outperformed other popular financial instruments and markets, including NASDAQ and the S&P 500, during the first half of 2023. Amidst regulatory uncertainties across various jurisdictions, gloomy market conditions brought about by the FTX scandal
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